$40,000
$10K PRICE DROP

502 Academy St High Point, NC 27260

Greater High Point Neighborhood

Estimated payment $266/month

Total Views 18,145
2 Beds
1 Bath
1,008 Sq Ft
$40 Price per Sq Ft

Highlights

  • No HOA
  • Porch
  • Asbestos

About This Home

Attention All Investors! This is a great investment opportunity for a multi-family property on .38 acres of land that's zoned light industrial with an additional adjacent lot for sale that is also zoned industrial. This property is positioned with access to public water, sewer, and electricity. Located within walking distance of a nearby school and apartment complex, it offers the convenience and connectivity that is in high demand. Whether you're looking to invest in industrial uses or expand into multi-family housing, this property offers a prime location and excellent potential returns.
Please note, seller & listing firm holds no liability if you decide to enter the home. Fire occurred 7/18/2025.

Listing Agent

Marcus Lane

Lane Real Estate Agency LLC License #288020 Listed on: 07/10/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $650

Year Built

  • Built in 1922

Lot Details

  • 0.38 Acre Lot
  • Property is zoned LI

Parking

  • Driveway

Home Design

  • Asbestos

Interior Spaces

  • 1,008 Sq Ft Home
  • Property has 1 Level
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Utilities

  • No Heating
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 173062
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$650

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.38
  • Subdivision Name: None
  • Directions: Take ramp onto I-74 E toward High Point/US-311 S. Take exit 65 toward N Main St Turn R onto Westchester Dr (NC-68 S). Turn L onto N Ward Ave. Turn R onto Wrightenberry St. Turn L onto Lincoln Dr. Turn R onto Academy St. End at 502 Academy St.
  • Above Grade Finished Sq Ft: 1008
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1922
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Has Basement: Crawl Space
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 1008
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Lot Features: City Lot
  • Pool Features: None
  • Construction Type: Asbestos
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Fireplace(s), No Fuel
  • Water Source: Public
  • TRIADMLS_HeatingFuel: No Fuel
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 173062
  • Zoning: LI
  • TRIADMLS_PricePerAcre: 105263.1579
  • TRIADMLS_DeedPage: 01099
  • TRIADMLS_DeedBook: 003796

Tax Info

  • Tax Annual Amount: 649.89
  • Tax Year: 2025
  • TRIADMLS_TaxRate: 1.378

Map

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $633 $45,900 $11,200 $34,700
2024 $633 $45,900 $11,200 $34,700
2023 $633 $45,900 $11,200 $34,700
2022 $619 $45,900 $11,200 $34,700
2021 $593 $43,000 $11,200 $31,800
2020 $593 $43,000 $11,200 $31,800
2019 $593 $43,000 $0 $0
2018 $590 $43,000 $0 $0
2017 $593 $43,000 $0 $0
2016 $633 $45,100 $0 $0
2015 $636 $45,100 $0 $0
2014 $647 $45,100 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/25/2025 08/25/25 For Sale $40,000 0.0% $40 / Sq Ft
08/19/2025 08/19/25 Pending -- -- --
07/19/2025 07/19/25 Price Changed $40,000 -20.0% $40 / Sq Ft
07/10/2025 07/10/25 For Sale $50,000 -- $50 / Sq Ft
Source: Triad MLS

Purchase History

Date Type Sale Price Title Company
Deed $28,000 --
Source: Public Records

Source: Triad MLS

MLS Number: 1187161

Triad MLS

APN: 0173062

North Carolina Guilford County High Point 27260 Greater High Point

502 Academy St, High Point, NC

This home is located at 502 Academy St, High Point, NC 27260 and is currently priced at $40,000, approximately $39 per square foot. This property was built in 1922. 502 Academy St is a home located in Guilford County with nearby schools including Oak Hill Elementary School, Ferndale Middle School, and High Point Central High School.

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Marcus Lane
Listing Agent
Marcus Lane
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Lane Real Estate Agency LLC
(336) 900-0667